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Ethereum Cointelegraph

Tether to move over 1B USDT from Tron to Ethereum and Avalanche

Tether announced that $1 billion USDT will be transferred to Ethereum while another $20 million USDT will go to Avalanche. The company also noted that it’s “business as usual” amid the current market panic.

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether to move over 1B USDT from Tron to Ethereum and Avalanche

Tether announced that $1 billion USDT will be transferred to Ethereum while another $20 million USDT will go to Avalanche. The company also noted that it’s “business as usual” amid the current market panic.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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